Thailand Inflation April 2019

Thailand

Thailand: Inflation stable in April at lower end of Central Bank's target range

May 16, 2019

Consumer prices rose 0.44% in April over the previous month (March: 0.41% month-on-month) due to stronger price increases for food and non-alcoholic beverages, and apparel and footwear.

Inflation was stable at March’s 1.2% in April, remaining within the Central Bank’s 1.0%–4.0% target range for the second time after several months of undershooting. Lastly, core inflation, which excludes raw food and energy, was stable at March’s 0.6% in April.

The Bank of Thailand sees inflation at 1.0% in 2019. FocusEconomics Consensus Forecast panelists expect inflation to average 1.1% in 2019, which is unchanged from last month’s forecast. For 2020, panelists predict average inflation of 1.5%.


Author:, Economist

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Thailand Inflation Chart


Thailand Inflation April 2019

Note: Annual and monthly variation of consumer price index in %.
Source: Ministry of Commerce and FocusEconomics calculations.


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